Elliott Electric Supply Signs Lease At McKinney Commerce Center With Rockefeller Group As Landlord
Building Size
23,538 SF
Asset Type
Industrial
Closing
Nov 18, 2025
AI
An industrial asset consisting of 23,538 square feet is located at Wilmeth Road & US 75 in the McKinney market. The property is part of the McKinney Commerce Center, which is a large industrial project currently under construction, totaling 319,347 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: Wilmeth Road & US 75
- Market: McKinney
- Landlord: Rockefeller Group
- Tenant: Elliott Electric Supply
- Landlord's Representative: Brett Lewis & Taylor Stell - Lee & Associates
- Tenant's Representative: Nick Lee - NAI Robert Lynn
Elliott Electric Supply has secured a lease agreement for the aforementioned industrial space. The deal involved representation by Brett Lewis and Taylor Stell from Lee & Associates for the landlord, while Nick Lee from NAI Robert Lynn represented the tenant, facilitating this leasing transaction.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93